{"id":1076,"date":"2020-04-03T16:21:24","date_gmt":"2020-04-03T07:21:24","guid":{"rendered":"http:\/\/suzuki-global.com\/?p=1076"},"modified":"2021-12-21T13:50:03","modified_gmt":"2021-12-21T04:50:03","slug":"vietnamese-electronic-invoice-e-invoice-6-frequently-asked-questions","status":"publish","type":"post","link":"https:\/\/suzuki-global.com\/en\/vietnamese-electronic-invoice-e-invoice-6-frequently-asked-questions\/","title":{"rendered":"Vietnam Electronic Invoice (Electronic Invoice \/ VAT Invoice) | 6 Frequently Asked Questions"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">Vietnam Electronic Invoice (Electronic Invoice \/ VAT Invoice), 6 Frequently Asked Questions<\/span><\/h2>\r\n<p><span style=\"font-weight: 400;\">In Vietnam, a proposal from the Vietnamese Ministry of Finance has been approved by the Vietnamese government to switch from paper invoices to electronic invoices.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">Decree 119 on the use of electronic invoices for the sale of goods and services has been issued and is effective from 1 November 2018.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">Replacing paper invoices with electronic invoices has been positioned as an important issue.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">Through this article, you can understand how and when it will affect your business when it comes to moving to electronic invoices in Vietnam.<\/span><\/p>\r\n<h2><span style=\"font-weight: 400;\">1. What is a Vietnamese electronic invoice?<\/span><\/h2>\r\n<p><span style=\"font-weight: 400;\">Electronic invoices are invoices that are electronically or digitally issued, processed, and received without the need for documents.<\/span><\/p>\r\n<h2><span style=\"font-weight: 400;\">2. Is electronic billing mandatory for all Vietnamese companies?<\/span><\/h2>\r\n<p><a href=\"http:\/\/suzuki-global.com\/wp-content\/uploads\/2021\/06\/invoice-2.jpg\"><img loading=\"lazy\" src=\"http:\/\/suzuki-global.com\/wp-content\/uploads\/2021\/06\/invoice-2.jpg\" alt=\"invoice (2)\" width=\"535\" height=\"355\" class=\"alignnone wp-image-2888\" srcset=\"https:\/\/suzuki-global.com\/wp-content\/uploads\/2021\/06\/invoice-2.jpg 1280w, https:\/\/suzuki-global.com\/wp-content\/uploads\/2021\/06\/invoice-2-768x510.jpg 768w, https:\/\/suzuki-global.com\/wp-content\/uploads\/2021\/06\/invoice-2-360x240.jpg 360w\" sizes=\"(max-width: 535px) 100vw, 535px\" \/><\/a><\/p>\r\n<p><span style=\"font-weight: 400;\">Yes, it is.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">However, there is a transition period.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">Until November 1, 2020, businesses will continue to be able to use pre-prints from tax authorities and self-prints.<\/span><\/p>\r\n<h2><span style=\"font-weight: 400;\">3. Can electronic billing be used for filing purposes?<\/span><\/h2>\r\n<p><span style=\"font-weight: 400;\">No.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">The e-invoice can only be used with the tax return confirmation code.<\/span><\/p>\r\n<h2><span style=\"font-weight: 400;\">4. What is the preparation for issuing an electronic bill?<\/span><\/h2>\r\n<p><span style=\"font-weight: 400;\">Before using the electronic invoice, each company must complete the registration process through the Tax Department website.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">Once approved by the tax office, electronic invoices are available.<\/span><\/p>\r\n<h2><span style=\"font-weight: 400;\">5. What are the benefits of electronic billing?<\/span><\/h2>\r\n<p><span style=\"font-weight: 400;\">Electronic billing can save you a lot of time and money.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">In addition, SG&amp;A expenses that are spent managing invoices and accounting records can be reduced, fraudulent bills can be eliminated, and transparency can be improved.<\/span><\/p>\r\n<h2><span style=\"font-weight: 400;\">6. Is there a standard format for electronic invoices in Vietnam?<\/span><\/h2>\r\n<p><span style=\"font-weight: 400;\">yes, I have.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">Standard format electronic invoices are regulated by Vietnamese tax authorities.<\/span><\/p>\r\n<p><span style=\"font-weight: 400;\">Individuals and businesses that offer services or sell goods must issue electronic invoices to buyers in this standard format.<\/span><\/p>\r\n\n<div class=\"elementor-widget-wrap\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4c438e0d elementor-widget elementor-widget-spacer\" data-id=\"4c438e0d\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ca0056c elementor-cta--layout-image-left elementor-cta--skin-classic elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in elementor-widget elementor-widget-call-to-action\" data-id=\"2ca0056c\" data-element_type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<a href=\"https:\/\/suzuki-global.com\/en\/contact\/\" class=\"elementor-cta\">\n\t\t\t\t\t<div class=\"elementor-cta__bg-wrapper\">\n\t\t\t\t<div class=\"elementor-cta__bg elementor-bg\" style=\"background-image: url(http:\/\/suzuki-global.com\/wp-content\/uploads\/2020\/03\/Recruit-woman.jpg);\"><\/div>\n\t\t\t\t<div class=\"elementor-cta__bg-overlay\"><\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<h2 class=\"elementor-cta__title elementor-cta__content-item elementor-content-item\">\n\t\t\t\t\t\tVietnamese taxes<br>Please feel free to contact SAC.\t\t\t\t\t<\/h2>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__description elementor-cta__content-item elementor-content-item\">\n\t\t\t\t\t\tSAC&#039;s specialized staff will provide solid support.\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__button-wrapper elementor-cta__content-item elementor-content-item\">\n\t\t\t\t\t<span class=\"elementor-cta__button elementor-button elementor-size-sm\">\n\t\t\t\t\t\tContact us\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-ribbon elementor-ribbon-right\">\n\t\t\t\t<div class=\"elementor-ribbon-inner\">Contact us<\/div>\n\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b70f922 elementor-widget elementor-widget-spacer\" data-id=\"2b70f922\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>6 Frequently Asked Questions about Electronic Invoices (E-Invoices\/VAT Invoices) in Vietnam In Vietnam, paper invoices [\u2026]<\/p>","protected":false},"author":1,"featured_media":1007,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6,73],"tags":[135],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/posts\/1076"}],"collection":[{"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/comments?post=1076"}],"version-history":[{"count":6,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/posts\/1076\/revisions"}],"predecessor-version":[{"id":7819,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/posts\/1076\/revisions\/7819"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/media\/1007"}],"wp:attachment":[{"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/media?parent=1076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/categories?post=1076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/suzuki-global.com\/en\/wp-json\/wp\/v2\/tags?post=1076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}